21 Hrs
Source:
Los Angeles Times
Warren Buffett, 96, resigns as Berkshire chairman
Warren Buffett is stepping down as chairman of Berkshire Hathaway after over 50 years and becoming chairman emeritus, with his son Howard Buffett succeeding him as chairman. Buffett, 96, will remain a director, while Greg Abel continues as CEO. Buffett emphasized his confidence in the leadership transition and highlighted his long-term influence on the company's culture and values.
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